MRV Gets a CEO

MRV names Barry Gorsun chief executive officer

February 3, 2012

1 Min Read

CHATSWORTH, Calif. -- MRV Communications, Inc. (OTCQB: MRVC.PK - News) ("MRV" or the "Company"), a leading provider of optical communications network infrastructure equipment and integration and managed services, today announced it has named Barry R. Gorsun as Chief Executive Officer. As previously announced, Chris King, the Company's CFO and Interim CEO, will remain with the Company through the later of March 30, 2012 or the filing of the Company's Annual Report on 10-K for the year ended December 31, 2012. During this period, Mr. King will continue to serve as the Company's CFO. MRV also announced the appointment of David Stehlin to the position of President for the Company’s Optical Communications Systems (“OCS”) division, effective immediately.

Gorsun has over 30 years of technology management and M&A experience including operational and executive management roles within technology companies. For the past year, Gorsun has served as President of MRV’s OCS division, demonstrating his respect for the brand through the strengthening of its products and distribution. Stehlin has over 20 years of telecommunications industry experience in executive and product management as well as marketing and sales strategy and M&A. Stehlin assumed the role of OCS’s Senior Vice President of Sales and Marketing in 2011 and has reinforced the Company’s initiatives through a revitalized sales and marketing program.

Kenneth Traub, Chairman of the Board of MRV, announced, "The Board of Directors has great confidence in Barry to lead MRV and execute our strategic plan to maximize shareholder value. Barry, Chris, Dave and the rest of the MRV executive leadership team have our full support."

MRV Communications Inc. (Nasdaq: MRVC)

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